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R7,870,000 | 15 Bedroom Apartment Block For Sale in Polokwane Central

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R7,870,000

Monthly Bond Repayment R83,928.01
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R2,329

Unlock an exceptional investment opportunity with 14 Residential units.

Unlock an exceptional investment opportunity with this meticulously maintained property featuring 14 units: 12 bachelor units, 1 one-bedroom unit, and 1 two-bedroom unit. Enjoy the convenience of 10 under-roof parking spaces, totaling 14 parking spots, all secured by a remote access gate. The property is equipped with a borehole and boasts a paved driveway, ensuring both functionality and aesthetic appeal. With rates and taxes at just R2,329 per month and a total monthly rental income of R52,000, this fully occupied gem presents a lucrative prospect. Zoned as Residential 3, it's ideally located near the CBD of Polokwane and provides easy access to the N1 to Messina. Don’t miss out on this prime investment opportunity!

Features

15
14
Pets Allowed
Yes
Interior
Bedrooms
15
Bathrooms
14
Kitchen
14
Reception Rooms
1
Furnished
No
Exterior
Security
No
Parkings
14
Flatlet
14
Pool
No
Sizes
Land Size
1,586m²
Extras 24 Hour Access; Backup Water; Driveway; Borehole
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-23.890933906571963, 29.45467266137695
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